[Bloomberg: Trump's Strategic Bitcoin Reserve Plan Faces Legal and Jurisdictional Hurdles] According to a report by Bloomberg, U.S. President Trump’s plan to establish a strategic Bitcoin reserve is encountering legal and jurisdictional obstacles. Early in his term, Trump signed an executive order proposing the creation of a reserve using Bitcoin obtained through government-held criminal or civil forfeitures, along with the establishment of a separate digital asset inventory. The order mandates the Treasury Department and the Commerce Department to develop a budget-neutral acquisition strategy that does not increase the burden on taxpayers. The report states that, so far, no one has questioned whether the Treasury Department has the legal authority to manage the reserve, but discussions have shifted to the possibility of placing the reserve under the jurisdiction of the Commerce Department. Additionally, given Bitcoin's extreme price volatility, concerns have been raised about whether it can be held "indefinitely." A White House spokesperson stated that the government will continue to advance the reserve plan and evaluate the best framework. On Capitol Hill, bipartisan lawmakers have introduced a bill aiming to codify the executive order into law, including provisions to acquire 1 million Bitcoins within five years using a budget-neutral strategy.